I was able to communicate with him through many text messages every few days or so, to track progress, and had a total of 1 phone call since work started to discuss additional things I wanted done after work started.The rehab took 5 weeks, as we had agreed on from the start, and everything came out great.Keys were passed over to my property manager and the property was listed for rent at $1,895.

What would you put to conservatively evaluate those 5 areas?

Hopefully the city will continue to allow these types of rentals - let's stay in touch as things progress!!

What we did is ask them to re-evaluate based on our comps and they said no, gave couple of BS reasons.

You have made incredible progress(way more than me, which if why I'd like to learn from you), but do you worry that something going wrong could start a domino effect that would end in bankruptcy?

The area is a fairly small town in the path of progress so I'm sure word will spread. 

You need to evaluate the risk and return.

Congratulations, sounds like you're making great progress! 

I can't offer much in investing experience, but it might be beneficial to chat, and keep up with one another's progress. 

Acquiring a vacant two family house and am looking for tips on how to best evaluate potential renters.